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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Office buildings
340 Main St Gaithersburg, MD 20878-5523
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-0160482
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
BRICK
Total area
2,880 SF
Lot
0.03 ac (1,112 SF)
Zoning code
MXD
APN
09-03223878
UPID
US40-0160482
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Wax VanLee Spa & Massage Center Skin Care Clinic
-
Easy Balance Spa Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$895k
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$925k
Owner & transaction history
Samya Leasing LLC · 3 yrs held
Samya Leasing LLC
since 2022
Last sale
$973,000
7 recorded transactions
Zoning & alternative use
MXD · Gaithersburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$900,000
+7.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gaithersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gaithersburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$845,000
ML approach
$895,000
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$580,000
7%
$535,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$840,000
Current use
WAREHOUSE, STORAGE
$900,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $973k (Jul 18 2022)
Last sale anchor
$973k
Jul 18 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$321 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$14,018
Tax year 2022
Assessed value
$1,079,400
Assessed 2023
Previous assessed
$1,076,067
+0.3% YoY
Effective rate
1.30%
On assessed value
Assessed land
$266,800
Assessed improvement
$812,600
Land market value
$266,800
Improvement market value
$812,600
Total market value
$1,079,400
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2001
Construction
BRICK
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
2,880 SF
Lot
0.03 ac (1,112 SF)
Zoning code
MXD
APN
09-03223878
UPID
US40-0160482
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXD · Gaithersburg, MD
Zoning MXD · permitted uses
MXD · Gaithersburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gaithersburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$840,000
WAREHOUSE, STORAGE
Est. value
$900,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Samya Leasing LLC
Entity
Mailing address
9701 FLDS RD APT #401, GAITHERSBURG, MD 20878-2728
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2022
$973,000
Samya Leasing LLC
Christopher Q Zhao
Deed
—
Dec 31, 2018
—
Christopher Q Zhao
Zhao,christopher Q
Quit Claim Deed
related
—
Jan 6, 2012
—
Christopher Zhao
Huynh,van
Quit Claim Deed
related
—
Aug 30, 2001
$503,160
Reges Enterprises LLC
Clarksburg Center Associates
Grant Deed
related
$452,000 · Century National Bank
Oct 10, 2000
$727,500
Clarksburg Center Associates
Great Seneca Development Corp
Grant Deed
related
—
—
—
Reges Enterprises LLC
—
Deed Of Trust
related
$50,000 · United Bank
—
—
Reges Enterprises LLC
—
Deed Of Trust
related
$200,000 · Access National Bank
—
—
Reges Enterprises LLC
—
Deed Of Trust
related
$420,000 · Access National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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